Besides Lyft's lackluster bookings guidance, Wall Street is likely all too aware of the competitive dynamics that favor Uber (UBER). “This raises a larger question regarding LYFT’s long-term ...

(Bloomberg) -- Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched ...

Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched five months ago.

Lyft said it was expecting gross bookings between $4.05 billion and $4.20 billion in the first quarter, below estimates of $4.26 billion. Uber also projected ... 104.1 million. Sign up here.

Lyft on Tuesday forecast gross bookings below Wall Street estimates, similar to rival Uber's projection last week. Lyft's 12-month forward price-to-earnings ratio is 13.4, compared to Uber's 29.4 ...

If the new rules went into effect, Golden said, Lyft would “have to remove the equivalent of over 1,200 full-time drivers to maintain 2024 utilization rates.” Josh Gold, a spokesman for ...